Investor opportunity! This fully rented 5-unit property near Santa Rosa Junior College offers excellent cash flow and strong rental demand. The current owner has invested approximately $400,000 in upgrades, including a brand-new 50-year roof, new gutters, and leaf guards, plus modern updates in most of the units. Unit #1 is the largest, a 2-bedroom, 1.5-bath with a beautifully updated kitchen, stainless steel appliances, laminate flooring, fresh paint, ceiling fans, and its own low-maintenance yard. Unit #2 is a cute and compact 1-bedroom upstairs unit. Unit #3 was completely remodeled in the last year with modern finishes. Unit #4 is a cozy studio with a new stove and updated bathroom fixtures. Unit #5 is tucked away at the back of the property and has its own private, fenced yardgreat for added privacy and outdoor living. Covered parking is available for four of the five units. Located in a high-demand rental area, this well-maintained and fully occupied property is turnkey and ready to go. Don't miss your chance to own a great income property!
For sale
Price cut: $100K (7/22)
$1,475,000
740 Mendocino Avenue, Santa Rosa, CA 95401
5beds
3,173sqft
Est.:
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$465/sqft
$-- HOA
What's special
Private fenced yardNew guttersLow-maintenance yardModern finishesModern updatesCovered parkingFresh paint
- 50 days
- on Zillow |
- 99 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: 18 hours ago
Listed by:
Deborah S Benson-Miller DRE #01268744 707-291-3601,
Prime Real Estate Services 707-583-1120
Source: BAREIS,MLS#: 325050776
Originating MLS: Sonoma

Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Floor Furnace, Wall Furnace
Cooling
- Ceiling Fan(s), Window Unit(s)
Appliances
- Laundry: Common Area
Interior area
- Total structure area: 3,173
- Total interior livable area: 3,173 sqft
Property
Parking
- Total spaces: 5
- Parking features: Covered, Detached, Other
- Has garage: Yes
- Carport spaces: 4
Features
- Levels: Lower,Upper
Lot
- Size: 9,500.44 Square Feet
- Features: Other
Details
- Parcel number: 180780027000
- Special conditions: Offer As Is
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Sewer Connected & Paid
- Water: Public
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
HOA
- Has HOA: No
Location
- Region: Santa Rosa
Financial & listing details
- Price per square foot: $465/sqft
- Date on market: 6/2/2025
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